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Strategies & Market Trends : Value Investing
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bruwin
To: bruwin who wrote (72068)1/23/2023 12:25:59 AM
From: Area511 Recommendation  Read Replies (1) of 78751
 
<<But (LUMN) "management", IMO, needs to look into why there's been this dramatic fall off in its price over the last 5 months >> They don't have to look too hard do they? Dividend investors owned it solely for the dividends which they suspended (maybe wisely as GDP growth the next year or two is likely to be constrained, and the stock was arguably poorly valued even with their $1 a share dividend). Add in end of the year tax loss selling and voila.
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